What is Professional Indemnity Insurance?
Quick Summary
Professional Indemnity Insurance protects professionals against claims of negligence, errors, or omissions made while providing services or advice. It covers legal costs and damages, giving peace of mind when the unexpected happens.
Covers negligence or mistakes.
Protects your professional reputation.
Includes legal defence costs.
Who Needs This?
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Consultants and advisors
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Accountants and financial planners
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IT professionals and contractors
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Architects and engineers
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Lawyers and legal advisors
What's Included?
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Legal defence costs
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Compensation for damages awarded
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Claims arising from errors or omissions
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Breach of duty of care
What's Not Covered?
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Deliberate dishonesty or fraud
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Contractual disputes not linked to negligence
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Known claims or circumstances before cover starts
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Bodily injury or property damage (covered elsewhere)
Why Monarch?
Why choose us as your brokerage
Personalised Service
We take the time to understand your business, tailoring insurance solutions to fit your exact needs rather than offering a one-size-fits-all policy.
Expert Guidance
Our team brings deep industry knowledge and explains your options in plain language, helping you make confident, informed decisions.
Trusted Claims Support
If the unexpected happens, we stand by your side. We’ll guide you through the claims process and advocate on your behalf to get the best outcome.
Local Focus, Real Relationships
As a Gold Coast brokerage, we’re invested in our community and committed to building lasting relationships, not just policies.
Safeguard Your Professional Reputation.
Get expert cover for advice, services, and professional responsibilities.
